RNS Number:8968J
Swan Hill Group PLC
14 April 2003

Directors' Allocation under the Restricted Share Scheme - 1999 Allocation


The below listed allocations under the Company's Restricted Share Scheme lapsed
on 13 April since they have not achieved the TSR performance criteria for
vesting.



J A Theakston           Allocated 150,000 on 13 April 1999


C R Archer              Allocated 125,000 on 13 April 1999



Contact  A G Confavreux
Tel No.  01784 412823
Group Company Secretary
Swan Hill Group PLC


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RDSIMMITMMBBBFJ